Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/financial/money/circle-oil-announces-long-term-incentive-plan-awar.shtmlCircle Oil announces Long Term Incentive Plan awardsCircle Oil plc announces that under the Long Term Incentive Plan (LTIP) approved by shareholders on 17
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Edit page New page Hide edit links Circle Oil plc announces that under the Long Term Incentive Plan (LTIP) approved by shareholders on 17 December 2013, the Company's Remuneration Committee which is comprised wholly of Non-Executive Directors, have granted award options over a total of 8,770,000 ordinary shares of nominal value €0.01 each (Awards), representing 1.56% of the Company's issued share capital. In addition to the above a total of 5,320,000 Awards have been granted to all other employees, on the same terms with the same vesting conditions. |